Brexit - Potential impacts on BA?
Jun 24, 2016, 1:49 pm
#166
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Jun 24, 2016, 1:58 pm
#167
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Jun 24, 2016, 2:01 pm
#168
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This a polite follow up request to keep this thread on topic.
Engagement on the wider issues of Brexit is more appropriate in the existing http://www.flyertalk.com/forum/omni-...iscussion.html thread.
Thanks,
Prospero
Moderator: BA forum
Engagement on the wider issues of Brexit is more appropriate in the existing http://www.flyertalk.com/forum/omni-...iscussion.html thread.
Thanks,
Prospero
Moderator: BA forum
Jun 24, 2016, 3:59 pm
#169
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Will BA still facilitate free copies of the Daily Mail on their flights given their xenophobia (and that of politicians) has manifested in our EU exit?
http://waterfordwhispersnews.com/201...the-irish-sea/
http://waterfordwhispersnews.com/201...the-irish-sea/
Jun 24, 2016, 5:04 pm
#170
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The key macro impact will be levels of investment in IAG. Other British and European airlines too, but the impact on currencies is massive. Already airlines are being downgraded as investments.
Bear in mind in this context, looking at an independent forecast of foreign exchange, they expect £1 to be trading at $1.20 by year-end, and £1 to be trading at €0.92 (yes, below parity). So aside from prices to the airline depending on which currencies they do business in, the significant impact is on BA in that far fewer people will be travelling, certainly for leisure, if the cost of heading to the US has become more expensive and heading to Europe, significantly more so.
Hello more enhancements so BA can recoup more profits
Bear in mind in this context, looking at an independent forecast of foreign exchange, they expect £1 to be trading at $1.20 by year-end, and £1 to be trading at €0.92 (yes, below parity). So aside from prices to the airline depending on which currencies they do business in, the significant impact is on BA in that far fewer people will be travelling, certainly for leisure, if the cost of heading to the US has become more expensive and heading to Europe, significantly more so.
Hello more enhancements so BA can recoup more profits
Jun 24, 2016, 5:10 pm
#171
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Clearly it's far too early to say what Border Control will be like, and indeed Immigration Policy beyond that, but my Dutch colleague - sitting in BUD airport with me earlier - bemoaned the fact that it currently takes him far too long to enter the UK via LHR or STN, both airports BA now uses. He normally has to do this on business, but when he has discretion or can take a different routing he does so.
His view that it will therefore only get worse rather than better would tend to suggest that the time and hassle to enter the UK might well be a contributory factor, particularly on leisure heavy routes where passengers might well be making a conscious choice as to which country they want to visit. I wouldn't bother to visit a country for a weekend where either I needed to get a Visa or I knew immigration queues might well eat up too much of my available time.
Holidays are probably not a large percentage of BA's business, but when you're fighting for every passenger putting yet another barrier in the way does not help one iota. There'll be an impact on BA for sure - least of their worries compared to the Sterling/Euro increase in fuel though!
His view that it will therefore only get worse rather than better would tend to suggest that the time and hassle to enter the UK might well be a contributory factor, particularly on leisure heavy routes where passengers might well be making a conscious choice as to which country they want to visit. I wouldn't bother to visit a country for a weekend where either I needed to get a Visa or I knew immigration queues might well eat up too much of my available time.
Holidays are probably not a large percentage of BA's business, but when you're fighting for every passenger putting yet another barrier in the way does not help one iota. There'll be an impact on BA for sure - least of their worries compared to the Sterling/Euro increase in fuel though!
They must be faster than 'fast track'which itself can feel slow...
Jun 24, 2016, 8:23 pm
#172
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What happens to UK's aviation PR industry and their relentless preaching about free/open market aviation?
When their own citizens didn't trust similar theories from same pundits about EU, why rest of the world's airlines/regulators should pay attention.
I hope Mr.Walsh will also stop preaching others about competition.
When their own citizens didn't trust similar theories from same pundits about EU, why rest of the world's airlines/regulators should pay attention.
I hope Mr.Walsh will also stop preaching others about competition.
Jun 24, 2016, 10:44 pm
#173
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and seems like neither of our economies have ended up in the toilet because of this? Sure, there are differences in priorities....and what people believe they have rights to.
Jun 24, 2016, 11:58 pm
#174
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Jun 25, 2016, 12:21 am
#175
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And again, the point I was making here is it isn't about the visas or the economy, it was about the impact of the border on the Irish relationship and Northen Irish peace settlement.
Jun 25, 2016, 1:05 am
#176
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These checks already exist. Home Office staff can be sporadically found hiding inside the security channel in BHD checking documents of departing pax at times when there are no international departures. I'd guess this is because of the open border to the South.
Don't forget the Irish already impose random immigration checks on traffic heading south - they can and do because the CTA only applies to Irish and British citizens born and resident in the CTA.
Don't forget the Irish already impose random immigration checks on traffic heading south - they can and do because the CTA only applies to Irish and British citizens born and resident in the CTA.
I expect to see the CTA continue but then I cannot see how the UK/GB/whatever emerges from Brexit ashes to remain in the EEA with free movement to get the trade deal which is sought.
That will mean BA can continue to recruit from within the EU (yeay) and the chief executives of the U.K. Sub of IAG can continue to be dawn from the best and brightest of Iberia/Vueling staff.
Jun 25, 2016, 2:01 am
#177
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Wonder what will happen with the EU credit card fee cap for cards issued in the UK?
Jun 25, 2016, 2:15 am
#178
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Jun 25, 2016, 2:26 am
#179
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First of all it will not change in the next 2 years or so.
Second if we do exit the EU then I suspect the majority of the guidelines will carry over into UK law such as credit card fees, mobile roaming etc.
Jun 25, 2016, 2:33 am
#180
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The credit card cap was a regulation, so without a LOT of law passing, a lot of those regulations are likely to simply disappear on exit.
Keep in mind the UK has enough civil service to run the country. That civil service is going to be trying to do that, and negotiate new trade deals, and the EU exit, and figure out the Scottish situation all at the same time. That's before we get into a comprehensive review of the law (for removal of inappropriate directives) and then new laws for regulations we want to keep on top of that ...